Paycheque Protection Program Resumes Loans To Small Business Owners

FLINT, Mich. (WJRT) (12/1/21) – At this lunchtime, an employee at the White Horse Tavern in Flint is preparing a takeout order ready to be picked up. As has been the case for several months, there is no lunch due to the coronavirus pandemic.

“We were very lucky to be in really good shape when it hit us, otherwise I wouldn’t be here,” said Chris Poulos, co-owner of White Horse Tavern.

Chris Poulos, one of the owners of the White Horse, says the good fortune will only last a very long time without being able to open their dining room or some kind of financial aid.

“I don’t have much left in my bank account. I can only drain so much. it was my 401k and the restaurant industry was, how to put it, brutalized, ”he said,

But there is good news for small business owners like Poulos. while the state decides whether to reopen for in-person meals.

The US Small Business Administration is restarting the paycheck protection program this week for those who are eligible.

“I will do it tomorrow and I will determine what I need to do,” he said.

But this is not the first time he has asked for help. Poulos says he wants the process to be streamlined.

But he will do just what it takes to survive and hang on to a business he has had for 47 years.

“I hope everyone will go back downtown. I hope we haven’t lost anyone there because we just need places to be here, ”said Poulos.

Copyright 2021 WJRT. All rights reserved.

About Hector Hedgepeth

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